Thursday, October 15, 2026

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NZD/USD Off highs but bullish sentiment continues

Charts bullish despite overbought levels being tested. Closed above broken 50% fibo of 0.7890/0.7177 Jan/Feb decline at 0.7534 Pair holds above this morning in London favoring more gains Trend looks ready to extend to th…

By Meredith J C Warren
1 min read
NZD/USD Off highs but bullish sentiment continues
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  • Charts bullish despite overbought levels being tested.

  • Closed above broken 50% fibo of 0.7890/0.7177 Jan/Feb decline at 0.7534

  • Pair holds above this morning in London favoring more gains

  • Trend looks ready to extend to the 61.8% Fibo of the same move at 0.7618

  • Below 10 DMA/tenkan at 0.7436/39 re-evaluates

 

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By FxWirePro Team